News Focus
News Focus
Followers 51
Posts 5716
Boards Moderated 0
Alias Born 01/21/2005

Re: vkoenig post# 81907

Saturday, 07/21/2007 3:02:26 PM

Saturday, July 21, 2007 3:02:26 PM

Post# of 157300
Joe Monterosso? Isn't he the guy fired for what we believe to be the overstatement of Centerline financials? Very credible, Vern. You are so quick to jump to the negatives that are confirmed by someone who lacks credibility.

Did you forget the following:

Additional Funding Provided to GlobeTel Communications
FORT LAUDERDALE, Fla., April 19 /PRNewswire-FirstCall/ -- GlobeTel Communications Corp. (Pink Sheets: GTEM) announced that as of today, it has received $750,000 in additional funds from existing investors through the exercise of warrants issued in conjunction with a private placement of the Company's Common stock in August 2005. Full exercise of all warrants issued in conjunction with this round of funding would generate $900,000 in proceeds for the Company. The exercise price of the warrants had been adjusted from their original exercise price.

Have you forgotten the authorization of another 150MM shares of Globetel Stock at the shareholder meeting? A lot of people are fighting very hard for a company that seems to be in such a mess yet if the technology is worth billions dont you think the extra shares of stock can and will be used to defend itself from some very questionable characters who let Globetel down in the first place.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today